The European Union agreed on Monday to slap Russia with a fresh round of sanctions, including the long-awaited import ban on diamonds. ADVERTISEMENT Starting on 1 January, the bloc’s 27 … Read More
Seizing the money in retaliation for the Ukraine war could breach international law, officials worry ADVERTISEMENT Frozen Russian central bank assets held within the EU will be segregated, the bloc … Read More
The European Commission has sent member states an official proposal for a new round of sanctions against Russia, targeting imports of diamonds. ADVERTISEMENT The proposal, which is also signed off … Read More
The Kremlin has dismissed sanctions from Washington just days after Putin’s bedbug jibe over potential EU export bans. ADVERTISEMENT “Of course, sanctions create additional problems,” said Kremlin spokesperson Dmitry Peskov, … Read More
Ursula von der Leyen gave more details on Friday about the delayed plan to use the immobilised assets of the Russian Central Bank to pay for Ukraine’s reconstruction. ADVERTISEMENT “We’re … Read More
Western countries are “very close” to establishing a traceability system to sanctioning Russian diamonds, Belgian Prime Minister Alexander De Croo said during a surprise visit of President Volodymr Zelenskyy to … Read More
The European Commission has urged member states to prohibit the entrance of road vehicles that carry a Russian licence plate. The ban is part of the raft of sanctions the … Read More
Fossil fuels imports from Russia have fallen dramatically, the European Commission stressed on Thursday, following reports that the bloc’s purchases of Russian liquified natural gas (LNG) are up 40% compared … Read More
Western outreach to get third countries to clamp down on sanction circumvention is working with many of them now making “it more difficult” for Russia to import such goods, according … Read More
The European Union is getting serious about sanctions circumvention. After slapping Russia with ten rounds of sanctions at a record-breaking speed, it has become painfully evident that not everything is … Read More
